Economics

Will market vendors in Azerbaijan pay taxes?

December 10, 2024

Entrepreneurs trading in markets in Azerbaijan will be required to register for tax purposes. According to experts, the country's budget does not need such funds.

Armenia

Energy efficiency programs in Armenia: Supporting residents, benefiting nation

Armenia

December 09, 2024

Energy efficiency isn’t about using less but adopting smarter technologies.

Azerbaijan

Food imports to Azerbaijan rise: what's driving the increase?

Azerbaijan

December 05, 2024

Azerbaijan's food import costs rose 10.2% in the first 10 months of 2024, reaching $1.97 billion.

Abkhazia-Russia

Abkhazia protests against a controversial investment deal with Russia, demand president’s resignation. 15-16 November, 2024

Abkhazia-Russia

November 16, 2024

It is considered exploitative for Abkhazia and is ironically referred to as "benefits for oligarchs"

"Investment agreement a step toward Russia’s annexation of Abkhazia." Opinion from Tbilisi

Georgia-Russia

November 16, 2024

"Russia is preparing its 'offer' to negotiate with the Trump administration, which will include Georgia among the territories it seeks to control"

Record reserve spending, looming sanctions: What's next for Georgian economy after October 26 elections?

Georgia

November 15, 2024

The October 26 parliamentary elections have intensified risks to Georgia's economic development amid reserve spending, looming sanctions

Armenia’s 2025 budget: PM emphasizes citizen responsibility amid push for security, growth

Armenia

November 14, 2024

Armenia’s 2025 budget draft prioritizes economic growth and national security

Former Georgian Prime Minister: Spending foreign reserves will trigger an economic crisis

Georgia

November 13, 2024

Gilauri considers this concerning "given the relatively low reserves."

Georgia’s foreign reserves drop by record $627 million in October

Georgia

November 07, 2024

Georgia's foreign reserves saw a record drop of $627 million in October 2024, mainly due to pre-election currency interventions

Azerbaijan spends over $2 billion on reconstruction in liberated areas

Azerbaijan

November 05, 2024

In the first nine months of 2024, Azerbaijan allocated 39.2% of its national reconstruction budget for construction in liberated regions

Opinion: Abkhazia’s investment deal with Russia risks heavy losses

Abkhazia-Russia

November 04, 2024

Abkhazia risks losing land to Russia, executive warns, condemning recent Russo-Abkhaz investment agreement as "scam".

Georgian manganese mines and ferroalloy plant halt operations, leaving 5,400 jobless

Georgia

October 31, 2024

The company reported that authorities approved the shutdown

"Ivanishvili is bargaining with the West at the cost of Georgia’s future" – interview with the former financier of the Georgian oligarch

2024 elections in Georgia

October 26, 2024

"I helped him in 2012 because I believed it was time to change the government in Georgia (Saaakashvili and his team). Now, once again, it is time for a change in power"